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Jack went into a hardware store to purchase a saw; and as to a particular saw,the salesclerk said,"This saw will cut through metal." Jack purchased the saw.What kind of warranty,if any,did the salesclerk make through the statement?
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Resources owned by a company or individual with economic value or future benefit, such as cash, inventory, property, and equipment.
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A financial statement that organizes assets, liabilities, and equity into subcategories for more detailed analysis.
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